CBDC

The phrase "central bank digital currency" (CBDC) has been used to refer to various proposals involving digital currency issued by a central bank. The present concept of CBDCs was directly inspired by Bitcoin, but a CBDC is different from virtual currency and cryptocurrency, which are not issued by a state and lack the legal tender status declared by the government.

Source: en.wikipedia.org

Crypto Regulation Weekly: Global Stablecoin Crackdown?; CFTC, SEC Battle for Control; New Jitters in India

Crypto Regulation Weekly: Global Stablecoin Crackdown?; CFTC, SEC Battle for Control; New Jitters in India
Crypto Regulation Weekly: Global Stablecoin Crackdown?; CFTC, SEC Battle for Control; New Jitters in India
June 01, 2022  |  Cryptocurrency

The collapse of the TerraUSD stablecoin has already started to reverberate throughout the regulatory world, with any agency or organization that has oversight over digital...

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Do Crypto VCs Fuel a Land Rush Mentality that Crushes Investors?
Do Crypto VCs Fuel a Land Rush Mentality that Crushes Investors?
June 01, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
CBDC Weekly: Fed Promises Digital Dollar Won’t Cut Out Banks; PayPal Would Support CBDC
May 31, 2022  |  CBDC

Fed: Digital dollar won’t cut out banks Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Fed’s Vice Chair Tells Banks: Digital Dollar Won’t Cut You Out
Fed’s Vice Chair Tells Banks: Digital Dollar Won’t Cut You Out
May 27, 2022  |  CBDC

A federally issued digital dollar will not cut banks out of the banking system. Get the Full Story Complete the form to unlock this article...

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TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on Big Tech and Credit Card Firms 
TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on...
May 27, 2022  |  Regulation

This week, U.S. policymakers and regulators made their cases on crypto assets and central bank digital currencies (CBDCs). While regulators tend to be very skeptical...

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GOP Bill Would Ban App Stores From Supporting Apps That Accept Digital Yuan
GOP Bill Would Ban App Stores From Supporting Apps That Accept Digital Yuan
May 26, 2022  |  CBDC

Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May...

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CBDCs Give Central Bankers Control When Cash Isn’t King Anymore
CBDCs Give Central Bankers Control When Cash Isn’t King Anymore
May 26, 2022  |  CBDC

Much has been made of the need for a digital dollar as a way of reinforcing the U.S. dollar’s role as the world’s reserve currency,...

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Fed’s Vice Chair Brainard Makes a Case for a US CBDC In Congress
Fed’s Vice Chair Brainard Makes a Case for a US CBDC In Congress
May 26, 2022  |  CBDC

Lael Brainard, Vice Chair of the Federal Reserve, will testify before the Committee on Financial Services in the U.S. House of Representatives on Thursday, May...

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Circle Tells Federal Reserve a CBDC ‘Could Destabilize’ Banking
Circle Tells Federal Reserve a CBDC ‘Could Destabilize’ Banking
May 25, 2022  |  CBDC

Circle has responded to a Federal Reserve paper Wednesday (May 25) about the possibilities of a U.S. central bank digital currency (CBDC), saying it could...

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